Nonprofit Hospitals: Profits And Cash Reserves Grow, Charity Care Does Not

Using the National Academy of State Health Policy Hospital Cost Tool, we compared changes in hospital profits with changes in hospitals' charity care and cash reserves between 2012 and 2019. We estimated substantial growth in nonprofit hospital operating profits and cash reserves in this period...

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Bibliographic Details
Published in:Health affairs (Millwood, Va.) Vol. 42; no. 6; pp. 866 - 9A
Main Authors: Jenkins, Derek, Ho, Vivian
Format: Journal Article
Language:English
Published: United States The People to People Health Foundation, Inc., Project HOPE 01.06.2023
Subjects:
Bond ratings
Capital costs
Cash management
Charities
Charity
Health care expenditures
Health care policy
Health policy
Health services
Hospital costs
Hospitals
Indigent care
Information systems
Medicaid
Medicare
Nonprofit hospitals
Nonprofit organizations
Profitability
Profits
Social interest
Tax exempt organizations
ISSN:0278-2715, 2694-233X, 1544-5208, 2694-233X
Online Access:Get full text
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Summary:Using the National Academy of State Health Policy Hospital Cost Tool, we compared changes in hospital profits with changes in hospitals' charity care and cash reserves between 2012 and 2019. We estimated substantial growth in nonprofit hospital operating profits and cash reserves in this period but no corresponding increase in charity care.
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SourceType-Scholarly Journals-1
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ISSN:0278-2715
2694-233X
1544-5208
2694-233X
DOI:10.1377/hlthaff.2022.01542